Aerospace exports take off, Gulf states now top buyers
From aircraft to spacecraft components, India's aerospace sector has rebounded sharply, with Gulf nations emerging as top buyers
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 "Bhaswar Kumar")
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India’s aerospace exports — comprising aircraft, spacecraft, and related parts — have tripled between 2017–18 (FY18) and FY25, markedly outpacing overall exports growth in FY23, FY24, and FY25, and recovering from the sharp decline witnessed between FY19 and FY22 to reach $6.96 billion in the last financial year. Having regained its share in overall exports at 0.74 per cent in FY24 — a level last seen in FY18 — the sector more than doubled its contribution to 1.6 per cent in FY25. The composition and destination of India’s aerospace exports also shifted between FY18 and FY25. During this period, exports
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Bhaswar Kumar
Bhaswar Kumar has over seven years of experience in journalism. He has written on India Inc, corporate governance, government policy, and economic data. Currently, he covers defence, security and geopolitics, focusing on defence procurement policies, defence and aerospace majors, and developments in India’s neighbourhood.
 "Bhaswar Kumar")
First Published: Oct 08 2025 | 2:22 PM IST
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